UK
Guest comment: It’s not grim up north
The 80s had the Yuppies, the 90s the Dinkies. Now we have the ‘Lifeshifters’ – City workers yearning for quality of life and a few acres. People who’ve made the move out of London to the provinces will tell you that life is far from grim. Shorter commutes to work, often shorter working hours, rarely [...]
Guest comment: High priced indolence in the megafunds
Jon Moulton, managing partner of Alchemy, on why it’s not easy being chief executive of a private equity fund. Expansion of the private equity industry is creating new problems for the megafunds. First, some arithmetic: take a 10bn fund, with a 1.75% managing fee = 175m pa. Add deal fees of, say, 40m pa. This [...]
Guest comment: How not to manage a bevy of bankers
Robin Linnecar, partner at coaching company Praesta, looks at the most common mistakes made when managing finance professionals. Promoting deal doers Banks frequently promote on ability to broker big deals rather than on management skills. Individuals who lack the qualities needed to cope with people suddenly find themselves with a managerial remit and, while shouting [...]
Guest comment: M&A bankers don’t deserve their pay
William D. Cohan, a former managing director at JPMorgan Chase & Co. and former VP at Lazard Frères, explains why M&A bankers don’t merit mega-bucks. The end of the first quarter of 2007 brought the news that global announced M&A deal volume for the three-month period topped US$1.1trillion – making this first quarter the busiest [...]
Guest comment: The maternity merry-go-round
Children and banking careers don’t mix, according to one anonymous female banker. As the mother of two children I’ve had two periods of maternity leave in quick succession. In some ways it must have been a logistical nightmare finding cover – I was away for six months, back at work for nine or 10, and [...]
Guest comment: How not to lose your job during a merger
Want to survive a love-in (or hostile takeover) between two banks? Andrew Pullman, of HR consultancy People Risk Solutions, tells how not to get squeezed out. Is it Barclays and ABN, or JPMorgan and Barclays? Or is it RBS, Santander, Fortis and ABN? Merger and takeover rumours never seem to be far from the headlines. [...]
Guest comment: How to do the remote interview
Abigail Stevens, founder and managing director of Think Global Recruitment, says telephone and video conference interviews need not be scary if you know how. We’re all familiar with the formalities of going for a job interview, but how does that change when the role you’re going for is based overseas? Imagine not being in the [...]
Guest comment: Top candidate turn-offs
Rory Ferguson, director at search firm JM, says it doesn’t take much for people applying for financial services jobs to take their talents elsewhere. The financial services hiring market now has so much momentum that most of the candidates we see have two or even three job opportunities in the pipeline, often at offer stage. [...]
Guest comment: International experience can be a help and a hindrance
Mike Brennan, chief exec of headhunter Akamai Financial Markets, says when to make the move overseas – and when to stay at home. If you intend to build a career in financial services, it’s not 100% necessary to have experience of working overseas. A lot of people enjoy very successful financial careers in one centre; [...]
Guest comment: How to get headhunted
Simon Hughes, partner with search to search firm Stratasearch, offers advice on how best to get onto headhunters’ radar. First things first – what do you think of when you hear the term ‘headhunter’? The search market has changed considerably over the last few years, but it’s still divided into firms of distinctly different types. [...]
Follow eFinancialCareers
What is RSS?
Advice
